Best MetaTrader 4 Templates Example Systems
When creating your own stock index system, there are a few things to keep in mind. Your stock indices strategy needs to be able to spot new Stock Indices Trading market trends, while at the same time making sure you don't to get faked out/whipsaws. The real trick is, once you have created a stock index system that works for you, stick to it. Being disciplined will help you a lot in becoming successful in stock indices.
Before trading Stock Indices on a live stock index trading account, you have to figure out what stock indices strategy works for you. It's good to know in what chart timeframe you're going to be working in, and how much you are willing to risk once you start stock indices online. All these factors should be factored in, & should be written down within your stock index trading plan. A good place to test this stock indices plan would be on a free demo trading account. This is where you test your stock indices strategies risk free without investing money to determine which strategy is best suited for you.
So, now how can a trader like you come up with a "good stock indices system" or the "best stock index trading system"?
To come up with a good stock indices strategy the first thing to do is to define your objective or goal:
The following example illustrates a goal & explains the stock indices rules of how to achieve that goal
Stock Indices System Goals
1.Identify a new stock indices trend
Moving average crossover method stock indices strategy is the most commonly used strategy to identify a new stock index trend. Time to open a long or short trade is determined when two moving averages indicators cross over or cross under each other.
2.Confirm the new stock indices trend
RSI(RSI) Indicator and Stochastic Oscillator Indicator are the most commonly used stock indices technical indicators to confirm a Indices trend.
Indicator based Stock Indices System
The best type of a stock indices method is one that is indicator-based. You will find it straight forward to generate the stock indices signals & thus less error-prone on your part and this will help you to avoid market whipsaws.
There are several things we want to achieve when creating a system:
- Find entry points as early as possible.
- Find exit points securing maximum gains.
- Avoid fake entry & exit signals.
- Proper Money Management Rules
Finishing these 4 goals will result in a profitable stock index trading strategy that works.
The last piece of information needed, is deciding how aggressive you are going to be when entering and exiting a trade. Those traders who are more aggressive wouldn't wait until the stock index chart candle-stick closes & would enter as soon as their technical indicators match up. But most traders would wait until the stock indices chart candlestick of the chart timeframe they are using has closed, to have more stability when entering a the stock index market.
To get profits out of the stock indices market you need to build your own profitable stock indices system: a trading method that will generate profitable stock indices signals. You need to have your own stock indices strategy that will help you achieve your financial goals. Sometimes the best trading systems are the ones that you build on your own. No need to keep searching online for the best trading systems or for stock index systems which work, this website provides you with all the stock indices tools required to help you & guide you on how to create your own stock index trading systems.
Below is example of a Indices trade system based on RSI, MACD & Stochastic.
Stock Indices System - Best MT4 Templates Stock Indices Systems
The stock indices system example above is comprised of four technical indicators in total, all of these generate Indices trade signals using different methods, the moving average will generate stock indices signals using the moving average crossover method shown, the RSI indicator, Stochastic indicator and MACD indicator use different technical analysis to generate the long and short signals as shown in the above example. How to generate these Stock Indices Trading signals is discussed in next course (on the sidebar navigation learn trading tutorials menu under key concepts).
For beginner traders, it is difficult for them to create their own stock index trading strategies since they don't have much knowledge about the stock index trading market. However, this learn stock indices website will explain how a beginner trader can create their own free stock index trading system in just seven easy steps. The best strategy is the one you come up with yourself & learn how to trade the stock indices market with it.
The main advantage of creating your own free stock index trading systems is that you'll know how to make profits by yourself - & not rely on other peoples efforts.
In the next lesson located at the sidebar navigation learn trading courses menu below the stock indices key concepts will show you how to create a stock indices system like the one above, write it's stock indices rules and how to back-test the stock indices system on a practice practice stock index trading account before using it on a live stock index trading account.
Best MetaTrader 4 Templates Example Systems
Stock Indices Strategy
The moving average indicator cross over method uses two moving averages to generate Stock Indices Trading signals. The first Moving average uses a shorter period & the second is a longer period.
Moving Average Crossover Technique - Moving Average Crossover Stock Indices Strategy
This above stock indices method is referred to as the moving average crossover method because stock indices signals are generated when two averages cross above or below each other.
Stock Indices System Trading Example - Short & Long trading signal Generated by Stock Indices System
A buy signal or going long trade is generated when the shorter moving average indicator crosses above longer moving average technical indicator (Both Moving Averages Going Up).
A sell signal or a going short trade is generated when the shorter average indicator crosses below longer moving average technical indicator (Both Moving Averages Moving Down).
Best MetaTrader 4 Templates Example Systems
Stochastic Oscillator technical indicator can be combined with other indicators to form a trading system.
- RSI stock index trading technical indicator
- MACD stock index trading technical indicator
- Moving Averages stock index trading technical indicators
Trading Systems Stock Indices Trading Examples - Best MT4 Templates Stock Indices Systems
Short Signal or Sell Stock Indices Signal
How the short sell Indices signal was generated
From our stock indices rules the short signal is generated when:
- Both Moving Averages are heading down
- RSI is below 50
- Stochastic moving downward
- MACD heading downward below center-line
The short signal was generated when all the written stock indices rules were met. The exit signal is generated when a stock index trade signal in opposite direction is generated.
Good thing about using such a stock indices method is that we are using different types of technical indicators to confirm the stock indices signals and avoid as many whipsaws as possible in the process.
- Stochastic - stock indices momentum oscillator indicator
- RSI - stock indices momentum oscillator indicator
- Moving Averages Indices TradingTechnical Indicator - stock indices trend following indicator
- MACD - stock indices trend following oscillator
Based on the chart time frame used - this strategy can be used as Stock Indices scalping system when the minute trading charts are used or as a Stock Indices Trading day stock indices system when hourly charts are used.
Example 3: Trading System Stock Indices Trading Example
This system is fully explained within the stock index trading plan on the stock index trading plan lesson on this learn stock indices web site under the Stock Indices Trading key concepts section located on right navigation menu.
Chart Time Frame
1 hour stock index trading chart
Trading Technical Indicators which spot a new stock indices trend
Moving Average Crossover Technical Indicators Strategy
Indicators that confirm the stock indices trend
RSI indicator
STOCHASTIC OSCILLATOR trading indicator
Long Entry - Buy Signal
1. Both MA(moving averages) pointing up
2. RSI above 50
3. Both stochastics going up
Short Entry - Sell Signal
1. Both MA pointing down
2. RSI below 50
3. Both stochastics going down
Exit Signal
1. MA Indicator gives opposite signal
2. RSI gives opposite signal
Risk Management in Indices Trading
Stop loss- 35 pips
Take Profit Stock Indices Order - 70 pips
Reward to Risk 2:1
Best MT4 Templates Indices Systems
The Gann Swing Oscillator is meant to be used in combination with the Gann HiLo Activator & Gann Trend to form a complete Stock Indices Trading strategy commonly referred to as the - 'New Gann Swing Chartist Plan'. Within this methodology the Gann Swing Oscillator is used to help determine stock indices market swings for trading only within the current market stock indices trend is shown by the Gann Trend.
Below is example of the New Gann Swing Chartist Plan
Gann Chartist Plan - Stock Indices Systems - MT4 Template Stock Indices System
